PF rate cut to have negligible impact on retirement savings

The EPF rate cut will not make a perceptible dent in your retirement savings, though the impact will be different for new joinees and senior employees.

The 5 basis point cut in Employees' Provident Fund ( EPF) rate will not make a perceptible dent in your retirement savings, though the impact will be different for new joinees and senior employees with a bigger PF balance.

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